Chief Financial Officer

1 week ago


Salt Lake City, United States Stacy and Witbeck, Inc Full time

Stacy Witbeck is seeking a CFO to lead us into the next period of growth of our organization. The ideal candidate will be able to interact credibly on a range of topics with clients, partners and other stakeholders, utilizing their deep knowledge of the construction business and financial markets.

We are succession planning for our future, and there is a current CFO in place to introduce you to our organization and prepare you to take the reins. Stacy Witbeck is a 100% employee-owned company, award-winning, forward-thinking, and collaborative. We are a humble group of professionals, who keep our boots on the ground--but we are proud of our Client-Focused Project Management style. Our focus on relationships is reflected throughout our organization--the way that we treat one another, our clients, and our communities has run deep into the fabric of our company since our inception in 1981.

Our ideal candidate will have accumulated a variety of experiences during their career, spanning multiple functions and business divisions. Finance may not have been the primary focus of your career. As a C-Suite level leader, the CFO will have a collaborative engagement style with fellow C-suite leaders and other leaders in the business to identify and leverage opportunities.

Our next CFO will be an early supporter and adopter of technological innovation, able to first set up, and then make use of extensive data capabilities to shape decisions and influence outcomes. The ideal leader will possess the communication skills required for this position and will ask the right questions to maximize value from the available talent.

What we have to offer:

  • Award-winning contractor with a dynamic business model and an excellent reputation.
  • We are a 100% employee-owned company with a competitive ESOP—your financial stewardship will be directly rewarded as a participating owner.
  • A competitive bonus structure—you and your team will be taken care of.
  • Generous company contributions to 401k for long-term wealth development.

Requirements:

  • 6 years minimum experience as a CFO or Director/VP of Finance in a project accounting related industry.
  • 14+ years of experience in public accounting, corporate finance, investment banking, or capital markets.
  • Bachelor’s degree in accounting/finance required-- equivalent proven experience as a substitute.
  • Outstanding knowledge and understanding of GAAP accounting.
  • Solid knowledge of financial analysis, modeling, and forecasting.
  • Sophisticated communication skills.
  • Occasional travel required (minimal).
  • Familiarity with construction accounting required.
  • Joint Venture accounting required.
  • Must be able to pass a background check.
  • This position is a Sr. level leadership position, so physical presence in an office to mentor, develop, train, and be available to your staff and colleagues is required. Relocation assistance is available—to our Salt Lake City (UT) or Alameda (CA) offices with a preference for Salt Lake City in close proximity to our President.

Preferences:

  • Advanced degree (e.g. MBA or MSF) or professional certification (CPA or CFA) preferred.
  • Vista/Viewpoint experience preferred.
  • ESOP experience preferred.
  • Heavy Civil exposure and enthusiasm for large-scale transportation infrastructure is preferred.
  • Mega-project financials at $1 billion+ preferred.
  • Merger and acquisition experience preferred.

Description of Duties:

Financial Analysis, Budgeting and Forecasting:

  • Manage financial planning and analysis functions. Supervise creation of reports, software implementation and tools for budgeting and forecasting.
  • Define and develop analyses of business initiatives, joint venture structures, and other investment offerings. Integrate with operating budgets and forecasts.
  • Present monthly financial budgeting reports including monthly profit and loss by division, forecast vs. budget by division and projected liquidity by division.
  • Utilize forward-looking models and activity-based analyses to provide financial insight into the organization’s plans and operating budgets.

Accounting:

  • Ensure timeliness and accuracy of financial and management reporting data for lenders, joint venture partners, investors, and Executive Management.
  • Review all monthly financial reporting prepared by the accounting and finance team.
  • Ensure timely issuance of annual GAAP basis audited financial statements.
  • Oversee the preparation and timely filing of all local, state, and federal tax returns.
  • Participate in the selection and engagement of consultants, auditors, and tax practitioners. Serve as relationship manager to those service providers.

Finance:

  • Leverage prior work in corporate finance and capital markets to think creatively about financing structures and model alternative scenarios.
  • Participate in the structuring, modeling, and negotiation of credit and capital structures.
  • Review periodic reporting to lenders ensuring compliance with terms of the credit agreements including, but not limited to, borrowing base requirements and financial covenants.

Finance and Accounting Team Management:

  • Participate with other team members in the identification, acquisition, and implementation of systems and software which provide critical financial and operational information and improve operating efficiencies.
  • Represent company to banks, financial partners, institutions, investors, and public auditors.
  • Remain current on accounting and finance, tax, legal, and regulatory issues as well as state, federal and local laws regarding company operations.

PHYSICAL DEMANDS & WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or fingers, handle or feel objects, tools, or controls. The employee is occasionally required to stand; walk; sit; and reach with hands and arms. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus. The noise level in the work environment is usually low to moderate.

NOTE:

This job description in no way states or implies that these are the only duties to be performed by the employee(s) incumbent in this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbents will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an “at will” relationship.

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